Ingenia Communities Group Balance Sheet Health
Financial Health criteria checks 2/6
Ingenia Communities Group has a total shareholder equity of A$1.5B and total debt of A$693.1M, which brings its debt-to-equity ratio to 45.9%. Its total assets and total liabilities are A$2.5B and A$965.2M respectively. Ingenia Communities Group's EBIT is A$122.0M making its interest coverage ratio 5. It has cash and short-term investments of A$14.5M.
Key information
45.9%
Debt to equity ratio
AU$693.09m
Debt
| Interest coverage ratio | 5x |
| Cash | AU$14.46m |
| Equity | AU$1.51b |
| Total liabilities | AU$965.17m |
| Total assets | AU$2.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INGE.F's short term assets (A$121.5M) exceed its short term liabilities (A$105.0M).
Long Term Liabilities: INGE.F's short term assets (A$121.5M) do not cover its long term liabilities (A$860.2M).
Debt to Equity History and Analysis
Debt Level: INGE.F's net debt to equity ratio (44.9%) is considered high.
Reducing Debt: INGE.F's debt to equity ratio has increased from 38.7% to 45.9% over the past 5 years.
Debt Coverage: INGE.F's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: INGE.F's interest payments on its debt are well covered by EBIT (5x coverage).